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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (61487)11/29/2000 4:06:16 PM
From: long-gone  Read Replies (1) | Respond to of 116791
 
<<Given your argument, it makes no sense any longer to manipulate gold to the downside. Why should it be done at this point? There is nothing to prove any longer. Goldilox is dead and growth is dying a slow death. >>

Turkey is not(IMHO) a part of the manipulation, Some of the very rich of Europe got in trouble from the problems of Turkey & had to sell physical metal I'd bet.

The manipulation(good or bad matter not, I will not even argue the point with you) hasn't ended, though, When it looks as though the White House will go one way so does gold, when the other side makes a few points, gold loses the same few points.

for whatever it is worth, part of the market is reading gold in the same way I did, that GWB would be better for a more free & open gold market - though I can also see the truth in your "ultimate collapse under Gore" theory.

BUT, the failed "gold rally" may have just been another end of contract period volatile patch as Hutch so wisely pointed out to us so long ago.



To: Rarebird who wrote (61487)11/29/2000 4:16:56 PM
From: long-gone  Read Replies (1) | Respond to of 116791
 
You know, today's XAU fractional lower close(-0.86) won't yield any consolation to the gold haters, but it is also not strong enough to give much new faith to those bullish on the sector.



To: Rarebird who wrote (61487)11/30/2000 9:06:32 AM
From: long-gone  Read Replies (1) | Respond to of 116791
 
no,not that, even I'll buy the QQQ, just don't give me number 8!
Message 14912104